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20110701
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Search Results 0 to 11 of about 12 (some duplicates have been removed)
which is why no congress has ever, ever failed to raise the debt ceiling. it's why the big names on the left and the right from paul krugman to alan greenspan say missing the deadline would be suicidal. tonight house minority leader eric cantor who was against -- said he might be willing to talk about closing some tax loopholes. he and the rest of the democratic leadership and their counterparts to meet with president obama at the white house. "washington post" just now moving a story reporting on a possible big concession the president might put on the table. the post reporting he will for the first time offer up significant savings in social security. the newspaper sourcing it to people in both parties with knowledge of the president's proposal. in any case, today mr. obama called on both sides to get moving. >> congress has a responsibility to make sure we pay our bills. we've always paid them in the past. the notion that the u.s. is going to default on its debt is just irresponsible. and my expectation is that over the next week to two weeks, that congress working with the wh
small number of republicans who think that we won't default and if we did it's not a big problem. they're wrong. you also have a big number of democrats and much larger number who say it doesn't matter if we spend the nation into bankruptcy. we won't go bankrupt. they're wrong. and that's even worse because there are more of them who believe that than the small number of republicans who are willing to countenance the fall. >> let me ask you something. >> let me be clear. these polls, can i just be clear about something? this is washington equivalent. polls are not equivalent. the public blames the congressional republicans much more than the president, all right? that's a fact that cannot be disputed. we should not get off with the facts are. it's not a pox on both the house. it's overwhelmingly the public blames the congressional republicans. >> james, as somebody who's made his living with polls you know as well as i do that there's not only one poll in town. there's a bunch of them. >> three of them. you can look at all three. [ overlapping speakers ] >> his numbers have been droppi
rating which is why no congress has ever, ever failed to raise the debt ceiling. why the big names on the left and the right, from paul krugman to alan greenspan to the chamber of commerce all say missing the deadline would be suicidal. yet both sides have been playing chicken on the issue for month. tonight, the house minority leader eric cantor who had been leading the charge against making any revenue increase as part of a debt deal said he might be willing to talk about closing some tax loopholes. he the rest of the gop leadership and the democratic counterparts on call to meet with president obama tomorrow at the white house. breaking news there. the "washington post" just now moving a story reporting on a possible big concession the president might put on the trouble. "the post" reporting he will for the first time offer up significant savings in social security. the newspaper sorting it to people with knowledge of the president's proposal. in any case, mr. obama called on both sides to get moving. >> congress has a responsibility to make sure we pay our bills. we've always p
amendment? >> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means. i don't think anybody knows precisely what that means. but it has been suggested that under that provision, president obama could simply order that the debt be paid and that this crisis be forestalled. he has mostly reject that option, but as far as i've read their statements, they have not completely rejected that option. obama has always said, look, i think this should be dealt with by congress, not by unilaterally under the 14th amendment. but under my reading of their statements, they haven't completely ruled out in a total crisis situation invoking the section of the amendment and ordering the debt pai
or will this cause some bigger conversation? that's a big question. >> and earlier in the week, anderson, we were talking about whether the white house might possibly agree to some kind of a short-term patch of two to three days in order to get the negotiations really moving again. and i think, you know, as the clock ticks i think we have to look back to that scenario and wonder whether that's a possibility again. >> remember all that grand bargain big talk? doesn't that seem like 20 years ago? was that like two weeks ago? >> yeah. although if you talk to some democrats and jessica's been reporting that the white house is still talking about some kind of a grand bargain, right? so it seems like a long time ago. but funny how these things work, right? >> john, gloria thank you. i want to bring in two other perspectives now. on the left democratic strategyist cornell -- and former senate candidate mccain advisor and former hue let pack yard ceo, carly fiorina. carly, just in terms of the politics of, this how do you think republicans are looking at this in terms of the political who's going to get
Search Results 0 to 11 of about 12 (some duplicates have been removed)